Bitcoin Mining Difficulty Drops 10% in 11th-Largest Adjustment as Hashprice Rises Above $30
By
@cointelegraph
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
Bitcoin mining difficulty dropped by 10.09% on Sunday, marking the 11th-largest downward adjustment in the blockchain's history. Galaxy Research reported the difficulty fell from 138.96 trillion to 124.93 trillion at block 953,568, representing a 20% decline from its November peak. The adjustment comes as Bitcoin's price fell roughly 15% in June, squeezing miner margins. The epoch between difficulty adjustments ran 15.6 days, above the typical 14 days, as hashrate went offline.
Key quotes
· 3 pulledGalaxy Research said that mining difficulty fell from 138.96 trillion to 124.93 trillion at block 953,568 on Sunday, the second biggest drop of 2026 and a 20% decrease from its peak in November.
The price of Bitcoin (BTC) has fallen by around 15% so far in June, which has 'squeezed miner margins,' Galaxy said.
Galaxy added that the epoch, the time between when mining difficulty is adjusted, ran for 15.6 days, above the typical 14 days, as hashrate went offline.
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